Are you struggling with high turnover or low occupancy in your rental units? Your strategy (or lack-thereof) may be to blame. Your marketing should be active, not passive. Hint: a basic "for rent" sign won't do. Following are effective and creative... (Read More)
We all know that security deposits reduce the likelihood of your rental unit becoming damaged. What you might not realize, is that there's a right and wrong way to handle them. If you aren't careful, you might even run into legal issues.
Every... (Read More)
Renters insurance isn't a requirement. But it is something that should be strongly considered. It offers many perks for both landlords and tenants.
One of the top benefits renters insurance provides is the relief in knowing that there is coverage... (Read More)
When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
Homeownership isn't for everyone. In fact, some people prefer renting over owning.
If you're trying to decide if renting is right for you, consider the following:
1. You're planning to move in the next few years.
If you desire flexibility... (Read More)
Are you searching for an apartment? Renting has a lot of perks compared to purchasing a home. When you rent, someone else typically handles the maintenance, you often get additional perks in the form of amenities, and you can pick up and move with... (Read More)
When tenants are looking for a place to rent, one of the things they may notice is how secure the property is. People will feel better about renting a residence that makes them feel safe. Making a few improvements on the security front can help... (Read More)
At PMI, we believe it's very important it is to screen your tenants. This is to ensure that you end up with the right people who will care for your property and pay the rent on time.
Establishing a good tenant-landlord relationship goes beyond... (Read More)
At PMI, we believe there are four things that are extremely important when partnering with a property management company –– effective communication skills, integrity and honesty, accurate accounting, and availability of management. Each of these... (Read More)